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Skeena Intersects 22.59 g/t AuEq Over 14.33 Metres at Eskay Creek

VANCOUVER, BC / ACCESSWIRE / February 26, 2020 / Skeena Resources Limited (TSX.V: SKE )(OTC...

articleSkeena Resources LimitedFebruary 26, 20204/company/skeena-resources-ltd/news/skeena-intersects-2259-gt-aueq-over-1433-metres-at-eskay-creek
Skeena Intersects 22.59 g/t AuEq Over 14.33 Metres at Eskay Creek

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[{"type":"text","content":"Skeena Intersects 22.59 g/t AuEq Over 14.33 Metres at Eskay CreekVANCOUVER, BC / ACCESSWIRE / February 26, 2020 / Skeena Resources Limited (TSX.V:SKE)(OTCQX:SKREF) (\"Skeena\" or the \"Company\") is pleased to announce the final gold-silver assays from the 2019 Phase I surface drilling program at the Eskay Creek Project (\"Eskay Creek\") located in the Golden Triangle of British Columbia. Four ground-based surface drill rigs were utilized for the 2019 Phase I program in the 21A, 21E and HW Zones to infill and upgrade areas of Inferred resources to the Indicated classification. A total of 14,266 metres over 209 holes were drilled. Drill hole results reported in this release are from the 21E and HW Zones. Reference images are presented at the end of this release as well as on the Company's website.Phase I Eskay Creek Drilling Highlights:13.24 g/t Au, 701 g/t Ag (22.59 g/t AuEq) over 14.33 m (SK-19-246) - HW ZoneIncluding: 5.18 g/t Au, 5,860 g/t Ag (83.31 g/t AuEq) over 0.90 mAnd: 1.75 g/t Au, 1,235 g/t Ag (18.22 g/t AuEq) over 1.05 mAnd: 1.23 g/t Au, 1,895 g/t Ag (26.50 g/t AuEq) over 0.85 mAnd: 176.00 g/t Au, 1,530 g/t Ag (196.40 g/t AuEq) over 0.90 m2.58 g/t Au, 51 g/t Ag (3.26 g/t AuEq) over 25.00 m (SK-19-222A) - 21E Zone3.36 g/t Au, 40 g/t Ag (3.89 g/t AuEq) over 14.00 m (SK-19-217) - 21E Zone1.94 g/t Au, 166 g/t Ag (4.16 g/t AuEq) over 13.50 m (SK-19-237) - 21E ZoneGold Equivalent (AuEq) calculated via the formula: Au (g/t) + [Ag (g/t) / 75]. Reported core lengths represent 80-100% of true widths and are supported by well-defined mineralization geometries derived from historical drilling. Grade capping of individual assays has not been applied to the Au and Ag assays informing the length weighted AuEq composites. Processing recoveries have not been applied to the AuEq calculation and are disclosed at 100%. Samples below detection limit are nulled to a value of zero.2019 Drilling Demonstrates Continuity and Exceptional Silver GradesThe 2019 Phase I infill program at Eskay Creek continues to demonstrate the excellent continuity of the current resource model which is derived largely from historical drilling. Phase I infill drilling within the 21E Zone, which is located on the eastern flank of the Eskay deposits, has correlated extremely well with the historical drilling with respect to grades, widths and spatial distribution of...

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